
Why drugs cost so much, 101: Medicine monopolies
We’re always asking: Why do drugs cost so freaking much?
And it’s a complicated question. There are a bunch of reasons — to be sure. But in our reporting over the years, like our stories on insulin and tuberculosis drugs, experts cited one big reason over and over again:
The pharmaceutical industry wages sophisticated legal battles to keep monopoly control over their best selling, most lucrative drugs — blocking generic competition, and increasing their prices along the way.
How did it come to be this way?
In this first episode of a new series – what we’re…
The skinny
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